Question: 1 ) Suppose MMP changes its policy and starts requiring all of its customers to pay within 2 0 days rather than the 3 0

1) Suppose MMP changes its policy and starts requiring all of its customers to pay within 20 days rather than the 30 days that it currently allows. Which one of the following will result from this change?A) Increase in operating cycleB) Increase in receivables periodC) Decrease in cash cycleD) Increase in accounts payable periodE) Increase in inventory period2) Which one of the following supports the theory that the value of a firm increases as the firm's level of debt increases?A) M

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